Earnings

IBM earnings Q2 2021

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Wired senior staff writer Cade Metz and Arvind Krishna, IBM CEO and then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016.

Brian Ach | Wired | Getty Images

IBM shares rose as much as 4% in extended trading on Monday after the enterprise technology and services provider reported second-quarter earnings that came in stronger than analysts had expected.

Here’s how the company did:

  • Earnings: $2.33 per share, adjusted, vs. $2.29 per share as expected by analysts, according to Refinitiv.
  • Revenue: $18.75 billion, vs. $18.29 billion as expected by analysts, according to Refinitiv.

Revenue grew 3% year over year in the…



Source cnbc.com

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